Millennium Management, Citadel and other top hedge funds posted lackluster returns in February, as market gyrations reversed momentum.
Not long ago, economists placed the odds of a 2025 recession at zero. Today, the landscape has shifted dramatically.
US Treasury Secretary Scott Bessent sought to persuade nervous investors that President Trump’s economic policies are part of larger, coherent vision.
After sampling an economic cocktail of inflation and slowing growth hints of another unsavory concept is wafting through: stagflation.